Sinochem to use Iraqi crude for 40 per cent of new refinery's needs

Sinochem will become one of Baghdad’s top oil buyers next year when the Chinese state company starts its first wholly owned refinery, the latest example of Iraq beating Middle Eastern rivals in the competition for new markets in Asia.

via Business feed http://www.scmp.com/business/commodities/article/1347284/sinochem-use-iraqi-crude-40-cent-new-refinerys-needs